Demonetization, Digital Identity and Universal Basic Income – How Big Ideas Are Changing India and What it Means for the World
According to The Economist, India's proposal to give every citizen a cash transfer using the digital platform Aadhar could reduce absolute poverty from 22 percent to 0.5 percent. For a country that is home to a third of the world's poor, could Universal Basic Income (UBI) fundamentally change the picture of poverty, health and well-being in India and the world?
At the same time, removing 86 percent of the cash circulating in a cash-heavy economy had a sudden, negative impact on India’s growth rate. Almost six months – and a major regional election – later what are the lasting effects of demonetization? Is a cashless society in the future?
The architect of India’s annual Economic Survey, Chief Economic Adviser Arvind Subramanian - a CGD senior fellow currently on leave – returns to the Center to discuss the big policy ideas making a dramatic mark on India’s economy, and what they could mean for the world.
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WHY INDIA NEEDS TO LOVE CHINA NOW NOT ENGLISH SPEAKING CHIEFS -EconomistDiary selects june 2018 aiib mumbai , sco qingdao, september BRICS joburg
Mother Earth devised a cruel love quotient test for us humans, girls and boys, if she had placed Eurasia 10 degrees lower there would have been no northern empires, world wars, hitler or stalins;
the north costal belt would have been easy to navigate as happy as china's east coast is now, and british empire would never have decimate india's economy just because india blocked sialing routes to thttps://www.linkedin.com/pulse/exponential-human-developments-most-exciting-questions-chris-macrae/?published=trading spice and silks with china...
Every 5th grade teacher (newcaster and new media coder) in a G7 country should read Mahbubani's Can Asians Think- why has 500 years of world development been dominated by 7 narrow mindsets on human condition?
Breaking feb 2018- all or most of oxfam board to resign?..Our family and diaspora networks welcome you to Year 175 of Economistpoor.com and EconomistAsia.net where we try to map how to ansewr questions like these- rsvp email@example.com